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Showing 331 - 340 of 443 results for "Administration Fee"

Equipsuper appoints head of risk

KARREN VERGARA  |  FRIDAY, 2 MAR 2018
... October 2017, Equip cut weekly administration fees for accumulation accounts from $1.50 to $1.25. Asset-based administration fee also reduced from 0.2% per annum to 0.15% per annum; and maximum in asset-based administration fees payable by an accumulation ...

Industry fund flags further fee cuts

KARREN VERGARA  |  TUESDAY, 13 FEB 2018
... year, Equip cut the weekly administration fees for accumulation accounts from $1.50 to $1.25. Its asset-based administration fee has also been reduced from 0.2% per annum to 0.15% per annum; maximum in asset-based administration fees payable by an accumulation ...

Industry fund appoints governance and risk head

EMMA RAPAPORT  |  THURSDAY, 9 NOV 2017
... accumulation accounts from $1.50 to $1.25 and drop buy-sell spreads on investment transactions. Its asset-based administration fee was also been reduced from 0.2% per annum to 0.15% per annum. Along with this, the maximum in asset-based administration ...

GROW Super slashes fees

ALEX BURKE  |  FRIDAY, 27 OCT 2017
Millennial-focused superannuation fund GROW Super has made significant cuts to its administration fees. Previously, the admin fee was 1.44%; this has been reduced to 0.54% plus $1.65 per week. Based on a $50,000 balance, this constitutes an overall ...

Pensioners to pay less at industry fund

JAMIE WILLIAMSON  |  WEDNESDAY, 4 OCT 2017
One of Australia's largest superannuation funds cut administration fees across all its pension products as of 30 September. Sunsuper members with an income account will now pay $1 less per week, with the $46 billion fund dropping weekly pension fees ...

Merger leads to fee cuts at Equip Super

ALEX BURKE  |  TUESDAY, 3 OCT 2017
... Rio Tinto Staff Superannuation Fund, Equip continued, has provided sufficient scale to cut the fund's weekly administration fee for accumulation accounts from $1.50 to $1.25. Its asset-based administration fee has also been reduced from 0.2% per annum ...

Managed Accounts Holdings acquires competitor

JAMIE WILLIAMSON  |  TUESDAY, 26 SEP 2017
Managed Accounts Holdings will merge with Linear Financial Holdings and the combined entity is already flagging the delivery of a managed accounts solution to Shaw and Partners clients. MGP submitted a non-binding conditional proposal to purchase 100% ...

Freedom Insurance sells stake in NobleOak

EMMA RAPAPORT  |  FRIDAY, 8 SEP 2017
... will continue to receive the ongoing trail revenue associated with the in force book of business as well as an administration fee for continuing to administer the book. Freedom Insurance Group chief executive officer Keith Cohen said he was delighted ...

Tech providers fall behind increased planner needs

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2017
More than 70% of financial planners are open to transition from their primary platform, saying technology providers are failing to adequately fulfill growing needs. Insights from the Investment Trends Planner Technology Report show 75% of financial ...

Competition would save Australians millions in super fees: Deloitte

EMMA RAPAPORT  |  TUESDAY, 4 JUL 2017
... especially relative to different investment options, in a competitive market you would expect to see similar administration fee pricing amongst products," the report said. "Those with higher administration fee offerings would no longer be attractive ...